https://www.taxtmi.com/caselaws?id=69003 The higher wealth-tax rate under Schedule I of the Wealth-tax Act applied to a Hindu undivided family where one member had assessable wealth above the prescribed threshold; the member's separate residence, lack of claim to family property, or prior partition-related contention did not affect the statutory condition. The tribunal treated the existence of qualifying assessable wealth in the member as sufficient, and rejected the contention that an adopted mother living apart had ceased to be a family member for this purpose. The higher rate was therefore upheld and the assessee's challenge failed. en-us Mon, 07 Mar 1988 00:00:00 +0530 Mon, 04 Apr 2011 14:36:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69003 The higher wealth-tax rate under Schedule I of the Wealth-tax Act applied to a Hindu undivided family where one member had assessable wealth above the prescribed threshold; the member's separate residence, lack of claim to family property, or prior partition-related contention did not affect the statutory condition. The tribunal treated the existence of qualifying assessable wealth in the member as sufficient, and rejected the contention that an adopted mother living apart had ceased to be a family member for this purpose. The higher rate was therefore upheld and the assessee's challenge failed. Case-Laws Wealth-tax Mon, 07 Mar 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69003